Zep Vehicle Care
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Zep Vehicle Care - overview
Location
Eagan, MN, US
Primary Industry
Chemicals
About
Zep Vehicle Care provides a wide range of automotive care products focused on enhancing vehicle maintenance and performance, catering to both individual consumers and businesses in the automotive sector. Zep Vehicle Care specializes in automotive maintenance products, operating with its headquarters in Eagan, US. The company was acquired by National Carwash Solutions, L. P.
in September 2021, which expanded the offerings available under its portfolio. Dan Smytka currently serves as CEO. Zep Vehicle Care offers an extensive selection of automotive care products, including cleaning agents, detailing supplies, and protective coatings, designed to maintain vehicle cleanliness and enhance longevity. Its products are distributed across North America, Europe, and selected regions in Asia, serving diverse clients ranging from automotive repair shops to individual vehicle owners.
Zep Vehicle Care's revenue model is based on direct sales and B2B partnerships. The company engages clients through contracts and bulk orders, allowing retailers and service providers easy access to their products. Subscription plans are also available for high-volume clients, ensuring a steady supply of essential automotive care products. Looking ahead, Zep Vehicle Care aims to innovate by launching new products tailored for the automotive sector, with specific release dates yet to be announced.
The company is also targeting market expansion into additional regions, aiming for increased distribution in Europe and Asia by 2023. The recent acquisition by National Carwash Solutions, L. P. will facilitate these growth initiatives, enhancing their ability to deliver comprehensive car wash solutions.
Current Investors
National Carwash Solutions, Inc.
Primary Industry
Chemicals
Sub Industries
Commodity Chemicals
Website
www.zepvehiclecare.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Zep Vehicle Care - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Zep Vehicle Care | - |
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